Running Specialty Group Acquires Richmond, VA Store
The Running Specialty Group (RSG) purchased the Road Runner Running Store of Richmond, VA on Dec. 31. The acquisition marks the 25th running specialty store in the RSG portfolio…
The Finish Line Lowers Guidance on Weak Q3
The Finish Line, Inc. reported a small loss of $107,000, or less than 1 cent a share, in its third quarter ended Dec. 1. Comps were up 3.6 percent but came in below plan due primarily to a shift in athletic footwear trends and a less than favorable consum
State Parks Host 22,000 Hikers on New Years Day
America's State Parks reports that more than 22,000 people celebrated the New Year by hiking in a state park on New Year’s Day, up nearly 60 percent from last year…
Oakley Signs Bubba Watson
Oakley signed an endorsement agreement reigning Masters champion Bubba Watson…
Nike Golf Announces Three-Year Agreement with PGA Merchandise Show
Nike Golf announced a three-year agreement with PGA Worldwide Golf Exhibitions…
The Buckle’s December Comps Inch Up 1 Percent
The Buckle, Inc.'s comparable store sales increased 1.0 percent for the five-week period ended Dec. 29…
Stage Stores Comps Stores Sales Taper off to 2.7 Percent in December
Stage Stores, Inc. reported total sales for the five week December period ended Dec. 29, 2012 increased 5.0 percent to $287 million compared with the prior year five week December period. Comparable store sales were up 2.7 percent for December and 5.9 per
Quiksilver’s McKnight to be Succeeded by Disney Exec
Robert B. McKnight Jr. will step down as CEO of Quiksilver Inc., replaced by former Disney and Nike executive Andy Mooney, according to a Wall Street Journal report. The management change will be effective Jan. 11. McKnight will become executive chairman.
Zumiez December Comps Slip in Big Reversal from 2011
Zumiez Inc.'s comparable stores sales decreased 1.0 percent for the five weeks ended Dec. 29, compared to an increase of 10.0 percent a year earlier…
Target’s December Comps Flat, Slightly Below Plan
Target Corporation reported that its net retail sales for the five weeks ended Dec. 29, were $10.2 billion, an increase of 0.8 percent from $10.14 billion a year ago. On this same basis, December comparable-store sales were essentially flat…
Ross Stores’ December Comps Increase 6 Percent
Ross Stores, Inc. reported that sales increased 11 percent to $1.276 billion for the five weeks ended Dec. 29, 2012, up from $1.149 billion in sales for the five weeks ended Dec. 31, 2011. Comparable store sales for the month grew 6 percent on top of a 9
TJX Lifts Q4 Guidance on Robust December Comps
The TJX Companies, Inc., which just acquired Sierra Trading Post, reported consolidated comparable store sales in December increased 6 percent over an 8 percent increase last year. The off-pricer raised its EPS guidance for the fourth quarter…
SFIA Disappointed Tariff Relief Not Included in ‘Fiscal Cliff’ Bill
The SFIA and the business community had pushed for inclusion of a Miscellaneous Tariff Bill (MTB) in the recently passed American Taxpayer Relief Act (H.R. 8), which prevented the country from going over the ‘fiscal cliff’. SFIA had 11 duty r
Surftech Appoints Sammy Nigh Director of National Sales
Surftech, the maker of surf and stand-up paddleboards based in Santa Cruz, appointed Sammy Nigh as its new director of North American Sales. Before joining Surftech, Nigh previously served as head of sales at Sessions Outerwear and Fox Sportswear.
Cocona Lands $15 Million Private Placement
Cocona, Inc. closed a $15 million funding round lead by an affiliate of H.I.G. Growth Partners, which has become Cocona's newest minority equity investor. Prior investors Fairhaven Capital and OnPoint Technologies, Inc., also participated in the roun
